Zcash (ZEC) has surged 50% in just four days, breaking through a two-year resistance level. This significant price movement is attributed to a technical breakout and its recent integration with THORSwap, a decentralized exchange. The integration allows ZEC to be swapped with major cryptocurrencies like Bitcoin and Ethereum, enhancing its cross-chain functionality.
The privacy-focused cryptocurrency, known for its zk-SNARKs technology, is gaining renewed interest as global discussions on digital identity and financial surveillance intensify. The increased attention and technical developments have contributed to Zcash's recent price rally.
Zcash (ZEC) Jumps 50% Following Technical Breakout and THORSwap Integration
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